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Nottingham Road Ilkeston 1 bed flat for sale
Nottingham Road, Ilkeston DE7
£185,000
Nottingham Road, Ilkeston DE7
£185,000
Our Summary
- We believe the property would make an ideal investment opportunity and we recommend an internal viewing
- ROBERT ELLIS ARE PLEASED TO BRING TO THE MARKET THIS INVESTMENT OPPORTUNITY CONSISTING OF A GROUND FLOOR HAIR SALON WITH INDEPENDENTLY ACCESSED ONE BEDROOM STUDIO APARTMENT ABOVE
- The property is being sold with vacant possession, and we expect the potential return to be in the region of £14,000 PA
- The property benefits from double glazing throughout and is situated on a busy, prominent main road position linking Trowell to Ilkeston, and we believe would make an ideal long term investment opportunity to acquire a freehold building consisting of a ground floor retail unit with first floor apartment above
- SOLD AS FREEHOLD INVESTMENT OPPORTUNITY WITH VACANT POESSESSION
- Sold as freehold investment opportunity with vacant poessession
Description
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Here is a summarized version of the property description in a single paragraph:
This dual-purpose freehold building consists of a ground floor retail space, previously a hair salon, and a one-bedroom apartment above. The property benefits from gas central heating to the ground floor and electric heating for the first floor apartment, as well as parking to the rear. The ground floor has a spacious shop frontage, rear lobby, ground floor WC, and additional storage room, while the first floor features a shower room, open-plan kitchen/diner, and lounge/bedroom. The top floor has an attic space with no current regulations in place to be classed as an additional bedroom. The property is being sold with vacant possession and is expected to generate a potential annual return of £14,000. It is an ideal investment opportunity for those looking to acquire a freehold building with a ground floor retail unit and first-floor apartment above.